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    Accounting Study Set 5
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    Exam 15: Companies: Effects on Retained Earnings, Share Splits and Buy-Backs, and the Income Statement
  5. Question
    If a Company Buys Back Shares, Which of the Following
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If a Company Buys Back Shares, Which of the Following

Question 64

Question 64

Multiple Choice

If a company buys back shares, which of the following is TRUE?


A) The company can record a gain or loss on the buy- back.
B) Total equity will decrease.
C) Total equity will increase.
D) The number of issued shares will go up.

Correct Answer:

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